Looking to Sell?

How do real estate auctions work?

The process is totally opposite from traditional private treaty sales. Real estate auctions allow sellers to set a timeline for sale, set the terms of property transfer and require all qualification and due diligence in advance. Most importantly, auctions result in non-contingent contracts accompanied by non-refundable deposits. Once a Bidder has committed to Purchase, the majority do.

Real estate auctions provide sellers of every type of property an intelligent solution to producing the attention of qualified purchasers and no-hassle settlements. Within 90 days from engaging with a professional Auctioneer, real estate holders may walk out of the closing company with check in hand, or perhaps just confirm receipt of wire.